Case ID: 9B09MC29
Solution ID: 23579

PRC & Peter Ross Simplified Chinese version Case Solution

Case Solution

The multi-billion dollar technology certification agreement was at risk of failing. It had been late September 2001 some several weeks formerly, The College of Western Ontario's (UWO's) Industry Liaison Office had signed a conditional agreement having a major pharmaceutical company operating through the Individuals Republic of China (PRC). The agreement allowed the organization to make use of specific technology developed at UWO in health items to become promoted through the PRC. The agreement was conditional upon ratification being signed not after October 31, 2001 - but, within the period, terrorists assaulted the planet Trade Center and also the Government. Within the several weeks right after September 11, 2001, hunger from the PRC for purchasing Western technology had greatly reduced, and also the PRC Secretary of state for Move and Economic Development ongoing to obstruct ratification from the agreement. UWO's a lawyer, Peter Ross, was requested by his college to put the framework and possible alternative considerations within that your decision might be made in regards to what the college could do in cases like this. The training objectives from the case are: to notice the types of IP that may be involved with worldwide cooperation, the possibility difficulties and risks involved with discussing IP, the kinds of contracts that may be attracted as much as minimize the potential risks, and also the legal frameworks within which arguments could be resolved,  to notice how different partner nations respect or allegedly disregard privileges to IP and commercial transactions generally, to build up methods for coping within this atmosphere.


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